Amid widespread concern over U.S. trade policy, the S&P 500® Index posted its worst quarterly return in nearly three years, declining 4.28%. After weeks of uncertainty and anticipation, the Trump administration implemented sweeping tariffs on nearly all imported goods, creating a complex and fluid equity market for U.S. investors. While the potential impact of prolonged trade disputes remains unknown, economists believe the odds of a near-term recession will remain low as long as the country’s labor market continues to grow. Against this backdrop of unpredictability and ongoing instability, we highlight opportunities for investors to adapt in a turbulent market and realize long-term growth by enduring temporary downturns with confidence.
